Now....... perhaps someone can enlighten me here, I appear to be missing something.
"In light of the current low oil price environment and uncertainties related to the COVID-19 pandemic, the Company has implemented prudent cost cutting measures, including salary reductions in the quarter."
I'm not seeing much in the way of salary reductions. In fact most of the prudent cost cutting is actually delay lease payments. But I'm no accountant, can someone assist?
Cheers
Ann: Quarterly Activities Report & Cashflow, page-5
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